If you have five million dollars and change burning a hole in your pocket, New York City offers you a wealth of options for stashing your cash. You could buy a five-story renovated townhouse in Kips Bay, or a three-bedroom in a new condo building at 85th and Lexington, with $800,000 left over for renovations. You could get a 2,200-square-foot condo in a historic Morris Adjmi-renovated building in Tribeca, or a brand-spanking-new five-level townhouse in Dumbo.
But if you’re of Sephardic, and especially Syrian, descent, with a multiplying brood, you might decide to skip all of that noise and head to Gravesend. Read More